Pet Food - Uzbekistan

Uzbekistan

Revenue in the Pet Food market amounts to US$43.29m in 2024. The market is expected to grow annually by 7.52% (CAGR 2024-2029).
In global comparison, most revenue is generated in the United States (US$59,740m in 2024).
In relation to total population figures, per person revenues of US$1.21 are generated in 2024.
In the Pet Food market, volume is expected to amount to 132.70m kg by 2029. The Pet Food market is expected to show a volume growth of 2.6% in 2025.
The average volume per person in the Pet Food market is expected to amount to 3.3kg in 2024.

Key regions: Russia, Spain, Philippines, United Kingdom, India

Market

Region

Region comparison

Currency

Analyst Opinion

The Pet Food market in Uzbekistan has seen moderate growth due to factors such as limited consumer awareness and a lack of online services. Subdued growth is also impacted by the country's traditional preference for homemade pet food.

Customer preferences: As the pet ownership rate continues to rise in Uzbekistan, pet owners are increasingly seeking healthier and more natural options for their furry companions. This has led to a growing demand for organic and natural pet food products, as well as a shift towards more personalized and specialized diets for pets based on their individual needs. Additionally, there has been a rise in online purchasing of pet food, as busy pet owners seek convenience and ease in shopping for their pets' needs.

Trends in the market: In Uzbekistan, the Pet Food Market within The Food market is experiencing an increase in demand for premium and organic pet food products. This trend is driven by the growing awareness of the importance of pet health and nutrition among pet owners. As a result, pet food companies are investing in research and development to create innovative and high-quality products to meet this demand. This trend is expected to continue in the coming years, with potential implications for stakeholders such as increased competition and the need for continuous product innovation to stay relevant in the market.

Local special circumstances: In Uzbekistan, the Pet Food Market within The Food market is heavily influenced by the country's traditional meat-based cuisine, resulting in a higher demand for pet food made from animal proteins. Additionally, the country's strict regulations on imported goods has resulted in a preference for locally produced pet food, driving growth in the domestic market. Furthermore, the country's growing middle class and increasing pet ownership rates have also contributed to the expansion of the Pet Food Market.

Underlying macroeconomic factors: The Pet Food Market in Uzbekistan is influenced by various macroeconomic factors, such as the country's economic health, fiscal policies, and global economic trends. The growth of the market is also driven by the increasing disposable income of the population, which can lead to higher spending on pet food. Additionally, the government's support for the agriculture and livestock industry, along with favorable regulations, has a positive impact on the production and distribution of pet food in the country. Furthermore, the rising trend of pet ownership in Uzbekistan, along with the growing awareness about pet health and nutrition, is expected to propel the demand for high-quality pet food products.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.